FORT LAUDERDALE, Fla., April 9, 2012 /PRNewswire/ -- MMAX Media, Inc. (otcbb:MMAX.ob) (otcqb:MMAX.OB - News) today announced a partnership between HLM PayMeOn (a wholly-owned subsidiary of MMAX, "PayMeOn") and the New American Chamber of Commerce "NACC". As part of the agreement, the NACC will become an anchor customer of and begin co-marketing the PayMeOn Merchant Profit Center to its more than 2,000 members and the thousands of members of its 33 affiliated chambers of commerce.
Founded in 2005 and based in New York, the New American Chamber of Commerce "NACC" (www.mynacc.org) is a not-for-profit organization dedicated to advancing, promoting and facilitating the success of New American Businesses. The NACC pursues its mission by offering entrepreneurs and small business owners, the following:
- Implementing and strengthening local and national programs that assist the economic development of New American firms;
- Increasing business relationships and partnerships between the corporate sector and New American-owned businesses;
- Promoting international trade between New American businesses in the United States and Immigrant Countries;
- Monitoring legislation, policies and programs that affect the New American business community;
- Providing technical, networking and other assistance to our member entrepreneurs, small business owners, business associations and professionals.
According to Ed Cespedes, CEO of MMAX and PayMeOn, "the New American Chamber of Commerce is a trusted resource for thousands of members. We are thrilled that we will be able to offer the PayMeOn Merchant Profit Center to the NACC membership, as we believe our product falls right into the NACC's mission of providing its direct and affiliated membership with the latest in business tools and technology."
According to Brian Figeroux, Chairman and Founder of the New American Chamber of Commerce, "the Chamber has always been active in promoting business expansion and development through a number of strategic partnerships that benefit our membership. We are really excited about being able to offer PayMeOn's products to our membership. We believe the PayMeOn Merchant Profit Center offers the latest developments in leveraging social media tools to create 'social income'. We think our members will find that they can earn more from their existing customers by implementing PayMeOn's products."
HLM PayMeOn, is the principal subsidiary of MMAX Media, Inc., and is pioneering the monetization of social networks. PayMeOn has trademarked the term "social income" and believes that the sharing of local deals is the beginning of a greater trend towards people earning cash from their vast connections to friends and colleagues across their various social networks. PayMeOn is led by Ed Cespedes, CEO. Mr. Cespedes is also the President of theglobe.com (otcbb: tglo) and the Vice Chairman of Tralliance Registry Management Company, LLC (the registry manager for the ".travel" top level domain). Learn more about the PayMeOn Merchant Profit Center at: www.paymeonmerchants.com. Learn more about the consumer side of PayMeOn at: www.paymeondeals.com or www.paymeon.com.
The statements in this press release that relate to the Company's future expectations are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. Additional information on risks and other factors that may affect the business and financial results of MMAX Media, Inc. can be found in the filings of MMAX Media, Inc. with the U.S. Securities and Exchange Commission.
MMAX Media, Inc.
1-800-991-4534 ext 101
New American Chamber of Commerce
26 Court Street, Suite 701
Brooklyn, NY 11242
SOURCE MMAX Media, Inc.